Peru Federal Savings Bank

Peru Federal Savings Bank Our mission is to meet the financial needs of each individual by providing exceptional customer serv

Mission Statement:
To meet the financial needs of each individual, to grow from exceptional customer service focused on relationships and personalized attention, and to be the community bank that continues to serve generations in the Illinois Valley. Peru Federal Savings Bank, founded in 1887 as the Workmen’s Loan Association, has a longstanding commitment to offering personal service, quality fi

nancial products and proven advice with the highest level of honesty and integrity. Serving and striving to be an active force in the community is an integral part of who we are and what we stand for. Relationships with local organizations and community members are the foundation on which we work and grow. As a community bank, we are a safe, secure and stable financial institution focused on what is best for our customers and communities. Peru Federal Savings Bank’s deposits are insured by the FDIC and we are an Equal Housing Lender.

09/02/2026

From copiers to bulldozers, we’ll finance the equipment your business needs to grow.

Beyond real estate and office space, equipment financing is something almost every business needs at some point.

Have equipment financing needs? Let’s talk about the right terms for your business.

PeruFederalSavings.com - Member FDIC - Equal Housing Lender

Our drive-up at the main office is affected by the road closure. Stop inside, our lobby is fully open!
09/02/2026

Our drive-up at the main office is affected by the road closure. Stop inside, our lobby is fully open!

09/01/2026

There’s more to your name than a signature line. Your goals. Your reputation. Your story.

Bank somewhere that knows it. 🏦

PeruFederalSavings.com - Member FDIC - Equal Housing Lender

08/31/2026

Think you need 20+ years in an industry to qualify for a loan to acquire or start a business? Not necessarily.

We sat down with Chris on our lending team to talk about what really matters when it comes to acquisition financing, and it’s not always what people assume.

It’s not always about deep expertise in the exact line of business you’re looking to acquire or start up. Your background matters. Any history of business experience, leadership, management, running your own venture, can work in your favor.

If you aren’t sure where you stand, let’s talk. Sometimes the biggest barrier isn’t experience. It’s not knowing what actually counts.

PeruFederalSavings.com - Member FDIC - Equal Housing Lender

Carol is celebrating… you guessed it: 26 years with Peru Fed!26 years of familiar faces, helping our customers and being...
08/29/2026

Carol is celebrating… you guessed it: 26 years with Peru Fed!

26 years of familiar faces, helping our customers and being such an important part of the Peru Federal Savings Bank team.

We’re pretty lucky to have people who choose to grow right alongside us year after year.

Happy work anniversary, Carol! Here’s to 26 years! 🎉

PeruFederalSavings.com - Member FDIC

Peru Federal Savings Bank, Peru, Illinois is honored to announce it has once again earned BAUERFINANCIAL Inc.’s highest ...
08/27/2026

Peru Federal Savings Bank, Peru, Illinois is honored to announce it has once again earned BAUERFINANCIAL Inc.’s highest 5-Star Superior rating. Earning and sustaining Bauer’s highest rating for the most recent 69 consecutive quarters, Peru Federal Savings Bank has also achieved “Exceptional Performance Bank” status, a designation reserved only for those banks that have earned a 5-Star rating continuously, for 10 years or longer.
BAUERFINANCIAL Inc., Coral Gables, Florida, the nation’s bank rating firm, has been analyzing and reporting on the nation’s banks since 1983… providing ratings you can trust. A 5-Star rating by Bauer indicates that Peru Federal Savings Bank is one of the strongest banks in the nation, excelling in such areas as capital, asset quality, liquidity, and much more.
Karen L. Dorway, president of BauerFinancial, recognizes that, “As market conditions continue to change, banking institutions must be able to evolve with them. With Peru Federal Savings Bank’s stellar financial condition and equally impressive track record, we are confident in its ability to do so. The community is fortunate to have such a strong and dedicated financial partner in its midst.”

Farm to table tastes even better when it’s right here in our own community.This month, we’re stopping by Thyme Craft Kit...
08/25/2026

Farm to table tastes even better when it’s right here in our own community.

This month, we’re stopping by Thyme Craft Kitchen in downtown Peru, a local favorite built around fresh ingredients, creative dishes and a menu that celebrates what’s in season.

And that’s something we can always get behind. Supporting local businesses keeps our community strong, and getting a great meal while you’re at it certainly doesn’t hurt.

PeruFederalSavings.com - Member FDIC

We stopped by Tony’s Barbershop in Peru, where the cuts are classic, the local pride runs deep, and there’s plenty of hi...
08/24/2026

We stopped by Tony’s Barbershop in Peru, where the cuts are classic, the local pride runs deep, and there’s plenty of history tucked into every corner, including a register that feels pretty fitting for a visit from the bank.

Tony’s has been part of the community since 2007, and places like this are exactly what make shopping local so special.

Next time you’re due for a cut, stop in and say hello. And take a look around while you’re there… you never know what you’ll find.

PeruFederalSavings.com - Member FDIC

08/20/2026

Walking into a bank to talk about a commercial loan can feel like a big step. We’re here to make sure it doesn’t feel like an intimidating one.

When you sit down with one of our commercial loan officers, we’ll walk you through the process, talk about what you’re looking to accomplish, explain what we’ll need from you and answer the questions that come up along the way.

No need to have all the answers before you walk through the door. That’s what we’re here for.

PeruFederalSavings.com - Member FDIC - Equal Housing Lender

This one deserves your full attention! Kelli is celebrating 24 years with Peru Fed today, a milestone we couldn’t let pa...
08/19/2026

This one deserves your full attention! Kelli is celebrating 24 years with Peru Fed today, a milestone we couldn’t let pass without a little extra recognition. 🎉

24 years of showing up, being part of this team and helping make Peru Fed what it is today. We’re incredibly lucky to have you, Kelli. Happy work anniversary!

PeruFederalSavings.com - Member FDIC

Address

1730 4th Street
Peru, IL
61354

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm
Saturday 8:30am - 12pm

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